Construction financing · First mortgage · Quebec & Ontario
And throughout construction, you watch every dollar leave — before it leaves.
The project, the amount, the schedule, your documents. Online, in a few minutes, from your office or your truck.
No committee to convince. No branch. No “we'll get back to you.”
A real letter of intent: the amount, the rate, the term, the rank, the preliminary conditions. Written, and signed. Not an acknowledgement of receipt.
Before the morning is over, you know whether your project moves forward with us and on what terms. You can call your contractor, your notary or lawyer, and your buyers with something in hand, and set a start date. The firm answer follows within 48 hours, once the file is complete.
A construction loan isn't handed over all at once: it is advanced in draws, one a month, against work actually done and verified. Every month counts — a draw that drags is a site that slows down.
This is where we don't work like the others. You have no one to chase to know where you stand: your file is open in front of you at all times, progress is already verified when you make your request, and your documents are uploaded from the same screen.
Norvex Track™
The budget, what's approved, what's advanced, the holdback, what's left. Line by line. You don't call to find out where you stand: you open the screen.
Norvex Faucon™
A camera films the site, day and night, and compares what is built to what is claimed. What it hasn't seen, it sets aside.
This isn't surveillance: it's the reason we can advance your funds quickly without asking you to prove it three times.
Your cameras, available at any time. Check a delivery without driving out, show progress to a buyer, settle a question without getting in the truck.
You pick the line, you enter the percentage of progress, you attach your documents. The amount calculates itself, the holdback applies itself, and you see the net payable before you even submit.
Twelve categories, up to 115 line items for a large building. For each one: the budgeted amount, progress, what's approved, the holdback, the balance — and the note that explains why. “Zone not filmed,” “Notarized release,” “Architect's report of July 12.” Nothing is a black box.
Your file, live
Your space isn't a website we open for you now and then: it's an application that installs on your phone, your tablet and your computer. You add it to your home screen and it opens like any other app, full screen.
Nothing to download from an app store, no password to remember: your link opens your file.
The ecosystem
Each module has a precise job, and each one works on your file. Here they are, in the order they reach you.
A voice intelligence answers every call, listens to the project, asks the real questions and gets you called back.
Email. It reads, understands, opens your file and asks for the missing documents — at night, on weekends, on Christmas Day.
You upload your documents — your cost breakdown, your plans, your leases, your financial statements; the Score reads everything, every page, nothing skimmed because there are 400 of them. Within thirty minutes it returns a score in percent, the project’s strengths and weaknesses, the questions still open, and your letter of intent, drafted and signed, with its preliminary conditions. Nobody in the market does that. Everything after — due diligence, the commitment — is discussed from there, between people.
Land registry, corporate registry, judgments, personal property registry. We verify before we commit, not after.
The accredited appraisal, construction costs and comparables, run against our own market benchmarks.
The whole legal side: the commitment letter, the loan agreement, the full instructions to the notary or lawyer, the replies to lawyers writing to the file, and the exchanges with municipalities.
Current to the second, on the developer's side and on ours. Same screen, same numbers, no parallel version.
It films, it measures, it timestamps. Thirty days of footage kept, and a full sweep with every request.
It holds together progress, releases, the professional's monthly report and the authorizations. One single thread.
The whole ecosystem visible in real time: every file, every step, every delay. Nothing falls between two modules.
It watches the modules themselves, restarts what stalls and alerts a human when something is out of the ordinary.
A machine doesn't lend money. It prepares everything so the decision is made quickly, and well, by someone who has been doing this for twenty-seven years.
Capital Norvex